You do not have a location set. Set Location

Business News

Another Tarkine mine gets green light

Venture Mineral's proposal for an iron ore mine in Tasmania's Tarkine region has cleared an environmental hurdle.
ABC - May 16, 4:07 pm
ICAC to reopen Obeid farm probe

Three new witnesses have come forward about issues surrounding a licence over land owned by former Labor powerbroker Eddie Obeid as a corruption inquiry into mining licences in NSW comes to an end.
ABC - May 16, 2:36 pm
Croc trade thrives but buffs slowed by hard heads

The Northern Territory crocodile industry has raked in more than $22 million dollars this financial year.
ABC - May 16, 12:36 pm
BP pushes ahead with Bight oil search

Energy company BP has begun the formal application process in its planned oil search of the Great Australian Bight.
ABC - May 16, 11:06 am
Media office raid threatens new scandal for Obama

An abuse of power scandal is unfolding in Washington DC and it threatens to swamp the until now tarnish-free image of president Barack Obama.
ABC - May 16, 5:54 am
Opposition targets Swan over debt and deficit

Federal Treasurer Wayne Swan has spent the day defending the Government's delivery of a $19 billion budget deficit, rather than the surplus promised last year.
ABC - May 16, 12:17 am
China's hunger for Australian iron ore tipped to grow

Australia's economic fortunes have become increasingly tied to China's, and over the past decade the strength of Asia's economic giant has delivered considerable benefits to Australia.
ABC - May 15, 9:41 pm
Budget bravery more in assumptions than actions

Economists and business groups say the budget is brave - not for the cuts to middle-class welfare, such as the baby bonus - but rather for the assumptions that underpin the return to surplus.
ABC - May 15, 9:15 pm
Government loses superannuation vote after MPs absent

Four Labor MPs have missed a vote in Federal Parliament, leaving the Government short and forcing it to negotiate with the Opposition over recasting the vote.
ABC - May 15, 6:49 pm
Market ends down on weak metal prices

The share market has finished down after weaker metal prices weighed on mining stocks.
ABC - May 15, 6:15 pm
Newman signs memorandum with PNG leader

Queensland Premier Campbell Newman says he has discussed health, policing and business opportunities during a two-day trade trip to Papua New Guinea (PNG).
ABC - May 15, 4:32 pm
New taxes 'flogging' mining industry: CME

The WA Chamber of Minerals and Energy says the removal of immediate tax deductions for the mining sector are "flogging" an industry that is supporting the Australia economy.
ABC - May 15, 4:26 pm
Commonwealth Bank posts another profit rise

The Commonwealth Bank has announced another rise in profits despite modest credit demand and competition for deposits.
ABC - May 15, 2:09 pm
Rediscovered Whiteley painting fetches almost $1 million

A Brett Whiteley painting, recently rediscovered after being held in a private collection in Texas for more than 40 years, has sold for nearly $1 million at auction in Melbourne.
ABC - May 15, 12:15 pm
Lower GST threshold 'could have boosted budget'

The National Retailers Association (NRA) says the Government has missed a "golden opportunity" to boost the budget by not lowering the GST threshold on foreign goods.
ABC - May 15, 11:05 am